Financial Vitals - The Dangerous Pursuit of Financial Independence

For some physicians, achieving financial independence is the end-all-be-all to living the good life. Pursuing it can be fantastic when well-balanced and a key factor to reducing burnout. In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks too Donovan Sanchez, a Certified Financial Planner (CFP) and founder of Sky view Financial Planning, about the pursuit of financial independence.    Topics Discussed: • What is financial independence? Financially set for life • Pursuit of Financial Independence: Be reflective, thoughtful, and understanding • Does financial independence buy happiness and solve life's problems? • Physician's Perspective: Achieve financial independence sooner than later • Field of Medicine: Doctor's motivation is to help people, make money, escape • I.R.E. Movement: Pressure to payoff student loans in extraordinary timeframe • Time and Money: What's more important? Do you trade dollars for time? • On Living a Rich Life: What would make your life really rich? • Busy Work: Sacrifices need to be made from time to time - no regrets • Vision Document: What do you want your life to be like? • On track or not? Ask someone you love and trust to provide honest feedback LINKS: www.WrenneFinancial.com